3.36 ACRES IN SURPRISE SOLD TO DEVELOPER
SURPRISE, AZ – Nick Miner, CCIM and JT Taylor of ORION Investment Real Estate, reports representing the seller of the 3.36 acres of land in Surprise, Arizona for $750,000.00 or $5.13 per square foot. The buyer, Paradise Church Business, LLC, plans to develop the property similar to their project they are currently developing down the street.
Surprise, Arizona, is located in the northwest Phoenix Metropolitan area, just 45 minutes from Downtown Phoenix and the Sky Harbor International Airport. Surprise is bounded by the expansive White Tank Mountain range to the west and the beautiful Sonoran Desert and Lake Pleasant Regional Park to the north. The city is home to 149,710 people as of MAG July 1, 2021 estimate.
Nick Miner, CCIM, Senior Vice President at ORION commented, “This is the 2nd time I sold this property. Originally, I sold this to seller in 2013 when they purchased the property from the FDIC (ORION-Nick Miner, CCIM-Closes Land Portfolio for FDIC). Fast forward 9 years and the area is completely changing.”
“This property benefits from being located in the Surprise Heritage District, which is revitalization overlay district in Surprise,’ Taylor added.
Buyer, Paradise Church Business, LLC, was represented by Matt Rinsler of Insight Land.
Seller, AT Properties, LLC, was represented by Nick Miner, CCIM and JT Taylor of ORION Investment Real Estate.
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